$2,888,000
For sale: Detached

LUXURY BEGINS WITH LOCATION. Set within the prestigious Thompson Orchard enclave in the Kingsway area, this exceptional ravine property presents a rare opportunity to renovate the existing home or build a custom residence in one of Etobicoke's most coveted and established areas. Boasting approximately 92 feet of frontage, backing onto the serene beauty of Mimico Creek, and situated on a quiet dead-end street, the property offers exceptional privacy, breathtaking natural surroundings, and a premium estate setting rarely found within the city. Positioned high above the ravine, the lot enjoys a commanding elevated topography that enhances both its architectural presence and long-term desirability. Surrounded by mature trees and lush greenery, the setting evokes the tranquility of an exclusive Muskoka retreat, yet is conveniently close to top-rated schools, shops, restaurants, premier golf clubs, parks and trails, Pearson Airport, subway access, downtown Toronto, and the lakeshore beaches. This is a rare opportunity for the discerning buyer to design and build a signature luxury residence within one of Toronto's most affluent and established west-end areas. The existing bungalow offers approximately 1,800 sq. ft. of living space, featuring a full lower level with two walk-outs and an oversized two-car garage. The property was previously approved for an approximately 5,300 sq. ft. custom home, underscoring the scale and potential of what can be achieved on this exceptional site.
Sold data
Detached homes in Toronto (Stonegate-Queensway) took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 39, across 1,852 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.
The median sale price was $1,199,000.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 24% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 1,852 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Stonegate-Queensway) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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